{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001333","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.362912+00:00","generated_at":"2026-05-17T04:54:54.622643+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CEO Fredi Nisan to retire Oct 31; gets $350K severance + equity vesting; Director Ralph resigns","bullets":["CEO Fredi Nisan will retire effective Oct 31, 2025; receives $350K cash severance over 12 months and accelerated vesting of 90,964 RSAs, 253,334 RSUs, 26,667 options.","Director Forest Ralph resigned Sept 26, 2025; both departures for personal reasons, no disagreements with management or board.","Nisan will serve as consultant Nov 1, 2025–Apr 30, 2026 at $10K/month to advise on strategic partnerships, M&A, and corporate development.","No successor CEO has been named; the company has not disclosed a search process."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001333","json":"https://secwatch.observer/filing/0001185185-25-001333.json","markdown":"https://secwatch.observer/filing/0001185185-25-001333.md","text":"https://secwatch.observer/filing/0001185185-25-001333.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001333/0001185185-25-001333-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001333/rvyl8k100125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:54:54.622643+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}